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Ordinance 1628Alameda City Orden ces Ordinance No. 1628 New Series CITY OF ALAMEDA Ordinance Not 1628 New Series AUTHORIZING ACQUISITION OF REAL PROPERTY (STANDARD OIL COMPA- NY — 461.15 SQ. FT:), BE IT ORDAINED BY TH E COUNCIL O.I 'I'Ii.E CITY OF ALA - M:E DA: Section 1. That the City of Alameda acquire by purchase from the Standard Oil Compa- ny of California, a corporation, for the sum of 54,611.50 that certain real property situated in the City of Alameda, County of Alameda. State of Califor- nia, particularly described as follows: 13 EGINNING at the intersec- tion of the easterly line of Webster Street, 80.00 feet in width. and the northerly 1i:ne of Buena Vista Avenue. 60.00 feet in width, as said lines, street and avenue are show :n on the map of the Shepard- son Property, Mastick Sta- tion, filed March 18, 1876, Map Book 2, Page 48, Alame- da County Records, said in- tersection having coordinates of Y.469,959.57 feet and X =1,486,900.56 feet based on tt e California Coordinate System Zone III, as are all bearings and distances in this description; THENCE along said easterly line of Webster Street. North 2' 47' 55" East 45.00 feet to a point; THENCE southerly along the arc of a curve to the left having a radius of 292.00 feet (a radial line of said curve al last said point bears Norrtii 83° 18' 20" East to the cen- ter) through an angle of 1" 33' 15" an arc distance of 7.92 feet to a point of com- pound curve; THENCE southeasterly along the arc of a curve to the left having a radius of 17.00) feet (a racial line of last said t. carve at said point of com- pound curve bears North 81" 45' 05" East to the center) through an angle of 67' 22' 16" an are distance of 5526 feet to its intersection with said northerly line of Buena Vista Avenue; THENCE along said northerly line of Buena Vista Avenue North 87' 27' 16" West 38.11 feet, to the BEG.INNING, on the Iollow,irrg terms and conditions: (1) That good and rraerchaari- table title in fee simple in said real property be conveved to clear of all objections, liens, encumbrances and conditions, (2) That said title be evi- denced by a California Land Title Association Standard Coverage form of title insur- ance, issued by Title Insurance and Trust Company, uinder Es- crow No, 0K- 168846, insuring the title in the City, as pro- vided for in the preceding sub- section. (3) That upon deposit with said Company for delivery to the City of a good and suffi- cient deed conveying said property in fee simple to the City, and-conditioned upon the issuance of said policy of land title insurance, the form of said deed and said policy to be first approved by the City Attorney, a check of the City be drawn in the sum of 54,611.50, payable to the order of said escrow holder, for t.he purpose of' effecting said pur- chase and sate. City and Coun- ty real property taxes, in pro - rated amount, due at the date of closing of escrow shall be paid by the Grantor. Section 2. That the sum of 54,611.50, together with a sum sufficient to cover cost of title insurance and other expenses related to said purchase and sale, be atppropriated from the Special Gas Tax Street Im- rovement Fund (Account 9), to pay the purchase price of said real property, cost. of land title insurance, a.nd inci- dental expenses. Section 3. This ordirian.ce shall be in full force and effect from and after the expiration of thirty (3() ) clays; from the date of its final p assnge. 'T'ERRY LA (,I3t)IX TR Presiding Officer of the Council Attest: IRMA L. N ILSC :1N City Clerk I, the under;si.gned, hereby- certify that the foregoing Ordi- nance was duly and regularly adopted and passed by the Council of the City of .Alameda in regular meeting assembled on the :18th day of August, 1970. by the following vote, to wit: AYES; Councilmen Fore, Levy, Longaker, McCall and President La Croix, .l r°., (5), NOES: None. ABS ENT: None. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of said City this 19th day of August, 1970. (S EAL) IRMA L. NELSON City Clerk of tht' City of Alameda A.44,7 --.-I t i50h Atiitr_' ?1 1071)